riskmethods raises 2 Mio. USD investment for further international expansion

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funding update Munich, 25.November 2014 riskmethods has successfully raised a new financing round. The technological market leader for risk analysis of worldwide supply chains is to receive 2 million USD growth capital. The company will use these resources to extend its existing portfolio, increase personnel in the sales and software development areas, and further strengthen internationalization efforts. The lead investor in this financing round is Senovo. Existing investors, including Bayern Kapital and Point Nine Capital have also made financial contributions again and support future growth. riskmethods offers professional supply chain risk management (SCRM) for monitoring and analyzing risks along the global supply chain with its SaaS solution “Supply Risk Network”. “The need for companies to secure their supply chains against all kinds of risks, and in so doing protect themselves against decreases in sales, production downtimes, supply bottlenecks or, worse still, damage to their image is enormous,” says Rolf Zimmer, Managing Director and Co-founder of riskmethods. As a result of the increased value-add shift to global supply networks and the drop in transparency within supply chains, companies of all sizes and from all sectors in Germany, Switzerland and the USA are now relying on the riskmethods solution. “Supply chain risk management is in step with the times. We are expanding our solution, strengthening our team and investing in internationalization so that we can continue to provide the best possible support for our customers and interested parties. Besides our European core market, we are focusing particularly on the USA in terms of further activities.” The lead investor for the current Pre-Series A Financing is Senovo. In addition to the Munich-based venture capital firm, existing financial providers such as Point Nine and Bayern Kapital have also decided to once again contribute. “riskmethods has succeeded in establishing an international customer base, an efficient team and a distinguished partner network. We are delighted to continue to support riskmethods and to provide advice throughout its successful growth path,” says Pawel Chudzinski, Co-founder & Managing Partner at Point Nine. “We see excellent potential in the US market in particular, to grow the existing customer base even further.” Business angels also provided seed funding to boost the capital: “As a business angel from the very start and a trusted advisor to the founders, I am very pleased about the successful development at riskmethods, and would like to underscore my long-term commitment with this follow-up investment,” adds Alexander Bruehl, business angel at riskmethods. riskmethods sets itself apart from others through its SaaS solution, which was developed in Germany, and which boasts an integrated approach, intuitive usability and pre-installed content, as well as the advantage of easy commissioning of the cloud-based software within only one day. That was also a convincing factor for Senovo. “We concentrate on providing support for young companies with high innovation potential and disruptive solutions,” says Dr. Alexander Buchberger, Managing Director of Senovo. “riskmethods fits perfectly into our portfolio, and this is borne out by its previous performance, the international customer references, the convincing product and, last but not least, the skilled team with exceptional management and domain expertise.” Within the framework of the successfully concluded financing round, riskmethods has gained a capital inflow of 2 million USD. “We are delighted about the trust placed in us by our investors. This is a strong message, and provides confidence for our employees, customers and interested parties,” says Zimmer. “We are still a long way off exploiting all potential opportunities, and are working on developing new methods every day in order to further penetrate the supply chain risk management market with additional solutions and ideas.” […] riskmethods raises 2 Mio. USD investment for further international expansion

Transcript of riskmethods raises 2 Mio. USD investment for further international expansion

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f u n d i n g u p d a t e M u n i c h , 2 5 . N o v e m b e r 2 0 1 4

riskmethods has successfully raised a new financing round. The technological market leader for risk analysis of worldwide supply chains is to receive 2 million USD growth capital. The company will use these resources to extend its existing portfolio, increase personnel in the sales and software development areas, and further strengthen internationalization efforts. The lead investor in this financing round is Senovo. Existing investors, including Bayern Kapital and Point Nine Capital have also made financial contributions again and support future growth.

riskmethods offers professional supply chain risk management (SCRM) for monitoring and analyzing risks along the global supply chain with its SaaS solution “Supply Risk Network”. “The need for companies to secure their supply chains against all kinds of risks, and in so doing protect themselves against decreases in sales, production downtimes, supply bottlenecks or, worse still, damage to their image is enormous,” says Rolf Zimmer, Managing Director and Co-founder of riskmethods. As a result of the increased value-add shift to global supply networks and the drop in transparency within supply chains, companies of all sizes and from all sectors in Germany, Switzerland and the USA are now relying on the

riskmethods solution. “Supply chain risk management is in step with the times. We are expanding our solution, strengthening our team and investing in internationalization so that we can continue to provide the best possible support for our customers and interested parties. Besides our European core market, we are focusing particularly on the USA in terms of further activities.” The lead investor for the current Pre-Series A Financing is Senovo. In addition to the Munich-based venture capital firm, existing financial providers such as Point Nine and Bayern Kapital have also decided to once again contribute. “riskmethods has succeeded in establishing an international customer base, an efficient team and a distinguished partner network. We are delighted to continue to support riskmethods and to provide advice throughout its successful growth path,” says Pawel Chudzinski, Co-founder & Managing Partner at Point Nine. “We see excellent potential in the US market in particular, to grow the existing customer base even further.” Business angels also provided seed funding to boost the capital: “As a business angel from the very start and a trusted advisor to the founders, I am very pleased about the successful development at riskmethods, and would like to underscore my long-term commitment with this follow-up investment,” adds Alexander Bruehl, business angel at riskmethods.

riskmethods sets itself apart from others through its SaaS solution, which was developed in Germany, and which boasts an integrated approach, intuitive usability and pre-installed content, as well as the advantage of easy commissioning of the cloud-based software within only one day. That was also a convincing factor for Senovo. “We concentrate on providing support for young companies with high innovation potential and disruptive solutions,” says Dr. Alexander Buchberger, Managing Director of Senovo. “riskmethods fits perfectly into our portfolio, and this is borne out by its previous performance, the international customer references, the convincing product and, last but not least, the skilled team with exceptional management and domain expertise.” Within the framework of the successfully concluded financing round, riskmethods has gained a capital inflow of 2 million USD. “We are delighted about the trust placed in us by our investors. This is a strong message, and provides confidence for our employees, customers and interested parties,” says Zimmer. “We are still a long way off exploiting all potential opportunities, and are working on developing new methods every day in order to further penetrate the supply chain risk management market with additional solutions and ideas.” […]

riskmethods raises 2 Mio. USD investment for further international expansion